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$3,325,000
New
ULS: 13548256

8-15-Plex for sale
945 Boul. St-Joseph E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

Exceptional investment opportunity -- 8-unit building in the heart of Plateau Mont-Royal. Ideally located in one of Montreal's most sought-after neighborhoods, this well-managed and maintained building offers strong income potential. It includes 2 seven-and-a-half-room apartments, completely stripped and rebuilt from scratch, spread over 2 floors, as well as 6 four-and-a-half-room apartments. Located between Laurier and La Fontaine parks, just steps from Laurier metro station, this location is a key asset. Potential gross income as of July 1st, 2026.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 7,224 ft²
Description

Located at 945 Saint-Joseph East Boulevard, at the corner of Mentana Street, this classic 1940s residential building is a beautiful example of typical Plateau-Mont-Royal architecture. Built over three floors, it houses eight units and stands out with its period charm, red brick structure, and stone detailing, true to the Montreal style of the 1940s. The entire façade is accented with wrought-iron balconies, adding an elegant touch to six of the eight units.

The interior of the building has preserved all its original charm, starting with the spacious and bright entrance hall adorned with Art Deco--style ceramic flooring, a terrazzo staircase, and pendant lighting. The property has been carefully maintained over the years through diligent management and deep respect for its architectural integrity. It features two large 7½-room apartments, both completely gutted and rebuilt, spread across two floors: one is fully furnished, and the other includes six appliances. There are also six comfortable and functional 4½-room apartments. Both 7½ units are equipped to accommodate a washer, dryer, and dishwasher.

Each unit also includes a storage space in the basement. In addition, the basement features a mechanical room, a shared laundry room, and a designated storage area for each unit. Bike racks installed by the City are conveniently located adjacent to the building.

This property enjoys a prime location in a dynamic and highly sought-after neighborhood. Just minutes from Laurier metro station and the vibrant commercial streets of Mont-Royal Avenue and Laurier Street, it offers an exceptional urban lifestyle. With a WalkScore of 98, it provides easy access to transit, cafés, restaurants, schools, and local shops. This building represents a rare opportunity for an investor seeking to optimize rental yield while investing in a heritage-rich property.

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A pre-sale inspection report is available.

The sale is made without legal warranty of quality, at the buyer's own risk.

There is no more gas in the building.
Dimensions 29' X 82'
Year constructed 1940
Living area 7,224 ft²
Siding Brick, Stone
Roofing Asphalt shingles, Asphalt and gravel
Basement 6 feet and more, Partially finished
Lot size 29' X 92'
Lot area 2,714 ft²
Proximity CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 617,600
Building assessment
$ 1,483,900
Total
$ 2,101,500

Taxes

Municipal (2026)
$ 14,231
School (2025)
$ 1,270
Total
$ 15,501

Annual expenses

Insurance
$ 5,492
Total
$ 5,492

Energy expenses

Electricity
$ 1,685
Total
$ 1,685

Gross annual revenues (potential)

Residential
$ 196,320
Other
$ 1,344
Total
$ 197,664

Inclusions

As per the leases, and: - Appliances, see list in the annex. - Fire extinguishers in the corridors. - Washer/dryer in the laundry room in the basement. - Miscellaneous materials in the electrical room. Panels in the corridors. Replacement refrigerator located in the storage area with sink. All of the above are included without warranty of quality.

Exclusions

According to the leases, this includes the contents of the following storage areas: the storage to the left of the laundry room, storage units B and C, and other tenants' storage units. It also includes cleaning items stored in the area with the sink, which belong to Pause Ménage and are kept there in exchange for their cleaning services for the building.

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